Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn writes that financial markets rallied following the U.S. election, on hopes that President-Elect Donald J. Trump’s fiscal stimulus and deregulation initiatives would spur corporate profits and growth. Perhaps so, but a strong case could be made for the opposite: that Trump’s economic agenda will prove disruptive to trade and growth, face growing headwinds in Congress, and exert a contractionary impact on the U.S. economy.

State fragility poses a significant threat to international security, contributing to conflict onset and relapse, the global refugee crisis, the expansion of extremist groups, and public health emergencies like the Ebola epidemic.

Italy’s vote on constitutional reforms, which may determine whether the country can escape its economic doldrums and rescue its ailing banking system, could have consequences for all of Europe, says CFR’s Robert Kahn.

Fidel Castro, who died on November 25, was one of the most prominent figures of the Cold War and an adversary of ten consecutive U.S. presidential administrations. This reading list considers the legacy of his nearly fifty years in power, including the Cuban Missle Crisis, the U.S. economic embargo, and the years following the Cold War.

Many within the Turkish political elite and their supporters, who disdain the American establishment, are supportive of the election of Donald J. Trump to the U.S. presidency, argues CFR’s Steven A. Cook. This, however, is based on a misreading of Turkey’s relationship with the American ruling class.

As the incoming Trump administration sorts itself out, U.S. allies should develop policy proposals for dealing with pressing global challenges and consider what more they can do on behalf of common defense, writes CFR President Richard N. Haass.

2015 Annual Report

Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.Read and download »